To: Dr. Sivana; Reaganez
Dr. Sivana: "A lot of stocks have gone down."
Reaganez: "If TSLA keeps falling at some point there will be a buyback."
Your comments will be very comforting to those who bought Tesla stock in the last 18 months.
To: zeestephen
Your comments will be very comforting to those who bought Tesla stock in the last 18 months. The folks who bought GM aren't any more comforted.
I bailed out of stocks in my 401K months ago and put it in a safe 1% return. No regrets.
If the Tesla buyers are in for the long haul, they may do okay later on. You don't buy big on Tesla thinking it is risk proof. If your stock goes down with most other stocks, and it puts you in a bad way, then stocks might not be an appropriate investment vehicle.
10 posted on
05/24/2022 10:54:52 PM PDT by
Dr. Sivana
("It's one thing if it's a minor incursion" - Joe Biden)
To: zeestephen
As a car company, Tesla is wildly overpriced. It's just stupid when you compare it to GM, Ford, or Toyota.
Tesla isn't a car company though, it's much more of a tech company that happens to make cars. A portion of its assets are in cryptocurrencies (which have taken a hit recently), and a lot of its real value is in data collected from its user base, which is something that's hard to put a pin into for absolute value because a lot of the value hasn't been realized yet.
11 posted on
05/24/2022 10:55:55 PM PDT by
jz638
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